I suppose it's like comparing apples to oranges. Do you prefer electric over gas vehicles or vice versa?

There is one thing I can tell you, I'm not ready quite yet, to make the switch to an electric vehicle. I have nothing against electric vehicles, it's just that I still prefer gas powered engines.

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You would think that driving an electric vehicle would be cheaper than a gas guzzler, so which car is more expensive?

We can tell you without a doubt, that electric cars are more expensive than gas powered vehicles. But EVs cost less to own when you add everything up.

Regardless, even though gas is back up to over $4.00 a gallon, electric vehicles are feeling the pinch at various charging stations.

According to mlive.com:

Despite fluctuating gas prices, summer peak energy prices hit electric vehicle drivers harder in July, August and September.

If you do own an electric vehicle, it's best to charge it at home vs using commercial charging stations. Courtesy of mlive.com:

When comparing energy costs, road taxes, cost of chargers and “deadhead miles” between fueling stations, the electric vehicle driver came out ahead financially when relying on a home charger but not when using commercial charging stations.

Whether you own an electric vehicle or not, we're always going to be dealing with higher costs when it comes to gas prices or the rising energy index.

I have a neighbor who lives across the street from me who happens to own an electric vehicle, and he absolutely loves it.

He keeps it fully charged, parked in his garage. And no I haven't asked him if I could take it for a spin quite yet. I'm slowly working on that.

LOOK: Here are 25 ways you could start saving money today

These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

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